SumTotal, a Skillsoft Company, Earns Strategic Leader Position in the Fosway 9-Grid for Learning Systems 2022
SumTotal Systems, a Skillsoft company and a global leader in talent acquisition, onboarding, learning management, and talent management solutions, announced its advancement to Strategic Leader position in the Fosway 9-Grid for Learning Systems 2022. Following a period of sustained investment and growth, SumTotal has risen to Strategic Leader in 2022, from Strategic Challenger in 2021. Skillsoft also advanced in this year’s Fosway 9-Grid, entering the Core Leader position.
“SumTotal’s move into the Strategic Leader position on the 2022 Fosway 9-Grid™ for Learning Systems reflects its commitment to meeting the evolving needs of modern learners and the strength of its robust learning-centric talent development platform.”
The Fosway 9-Grid for Learning Systems is a multi-dimensional model designed to understand the relative position of solutions and providers predominantly in the UK, European, and North American markets. Solutions are assessed based on Fosway’s in-depth five-dimensional grid analysis, which looks at several factors:
- Potential – the solution’s scope and sophistication
- Performance – comprising market performance and customer performance
- Presence – historic and current presence, including size of related business and number of enterprise customers
- Total Cost of Ownership – the full cost of acquiring, implementing, and operating the solution (typically over a three-year period)
- Future Trajectory – the impact of trends in the market, related to a vendor’s Performance and Potential
“Training, learning, and development are among the most critical business initiatives within global organizations today,” said Morne Swart, Vice President of Global Product Strategy & Transformation, SumTotal. “SumTotal’s new rank as Strategic Leader is a testament to the depth of our solution and our commitment to helping millions of users worldwide unleash their potential. We thank the team at Fosway for their recognition of SumTotal’s product leadership, focus on innovation and dedication to client success. We look forward to continuing our work of empowering organizations to break productivity and performance barriers long into the future.”
“SumTotal has been a major player in the Learning Systems market for many years,” said David Wilson, CEO, Fosway group. “SumTotal’s move into the Strategic Leader position on the 2022 Fosway 9-Grid™ for Learning Systems reflects its commitment to meeting the evolving needs of modern learners and the strength of its robust learning-centric talent development platform.”
This announcement comes just two months after SumTotal was named a Strong Performer in The Forrester Wave™ Learning Management Systems and Experience Platforms Q4 2021. The report, which can be downloaded here, examines the 10 most significant learning platforms analyzed across 28 different criteria. SumTotal was among the top four platform providers overall.